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Newick Convertible Loan - Update

23 Jan 2014 07:00

RNS Number : 3125Y
Verdes Management PLC
23 January 2014
 



 

Verdes Management PLC

Newick Convertible Loan Agreement - Update

 

23 January 2014



Verdes Management PLC

 

Newick Convertible Loan Agreement - Update

 

("Verdes" or the "Company")

 

On 16 January 2014, the Company announced that "Further to the announcement made on 24 December 2013, the Company is pleased to report that the first tranche of £125,000 due under the convertible loan agreement with Newick Developments Limited ("Newick") has been received by the Company."

On 22 January 2014, Verdes received a letter from the intermediary which transferred these funds to Verdes with a request for the monies to be returned. The Board is seeking to urgently clarify the position with this intermediary and with Newick's representatives, and will report shortly.

For further information, please contact:

 

Verdes Management PLC

 

Daan van den Noort Chairman 00 31 6 10 89 65 81

Sarah Bertolotti - Finance Director 07932 569404

 

SPARK Advisory Partners Limited (Nominated Adviser)

 

Neil Baldwin 0113 370 8974

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEADFAALLLEAF
Date   Source Headline
16th Feb 20157:35 amRNSChange of Registered Office
16th Feb 20157:30 amRNSSuspension - Verdes Management Plc
6th Feb 20158:16 amRNSDirectorate Change
15th Jan 20157:00 amRNSConvertible Loan Agreement; Update on Invt Policy
30th Sep 20147:00 amRNSHolding(s) in Company
10th Sep 20148:06 amRNSHolding(s) in Company
22nd Aug 20147:00 amRNSDirectorate Changes
15th Jul 20147:00 amRNSDirectorate Change
23rd May 20147:00 amRNSHalf Yearly Report
13th May 20147:00 amRNSAlteration to Broker Agreement
9th May 20147:00 amRNSDirectorate Change
31st Mar 20145:36 pmRNSTotal Voting Rights
26th Mar 20147:00 amRNSDirectorate Change
20th Mar 20144:18 pmRNSResult of General Meeting
20th Mar 20147:00 amRNSFinal Results
12th Mar 20147:00 amRNSConvertible Loan Agreements Settled
7th Mar 20148:00 amRNSHolding(s) in Company
4th Mar 20141:52 pmRNSHolding(s) in Company
4th Mar 20141:50 pmRNSHolding(s) in Company
4th Mar 20147:30 amRNSRestoration - Verdes Management Plc
4th Mar 20147:30 amRNSPlacing, New Investing Policy and other matters
27th Feb 20143:15 pmRNSNotice of Intention toAppoint Administrator-update
14th Feb 20144:53 pmRNSNotice of Intention to appoint Administrator
7th Feb 20149:00 amRNSAmendment to RAB Convertible Loan Agreement
31st Jan 20145:00 pmRNSTotal Voting Rights
30th Jan 201410:00 amRNSSuspension - Verdes Management Plc
30th Jan 201410:00 amRNSNewick Convertible Loan - Update
24th Jan 20145:02 pmRNSHolding(s) in Company
24th Jan 20143:00 pmRNSNewick Convertible Loan - Update
23rd Jan 20147:00 amRNSNewick Convertible Loan - Update
20th Jan 20149:11 amRNSConversion Notice : Newick Convertible Loan
20th Jan 20149:10 amRNSIssue of Equity
16th Jan 20141:50 pmRNSNewick Convertible Loan Agreement - Update
15th Jan 20144:45 pmRNSResult of EGM - Replacement
15th Jan 20143:30 pmRNSResult of EGM
13th Jan 20147:00 amRNSConversion Notice : Westminster Convertible Loan
2nd Jan 20147:00 amRNSIssue of Circular
31st Dec 20131:11 pmRNSIssue of Equity
24th Dec 20137:00 amRNSNewick Convertible Loan Agreement - Update
20th Dec 20132:16 pmRNSAmendment to Westminster Loan Agreement
16th Dec 20137:00 amRNSAmendment to Newick Convertible Loan Agreement
27th Nov 20137:00 amRNSNew Convertible Loan Agreement
26th Nov 20137:00 amRNSNew Convertible Loan Agreement
24th Oct 20134:51 pmRNSChange of Registered Office
4th Oct 20137:00 amRNSNew Convertible Loan Agreement
13th Sep 20137:30 amRNSRestoration - Verdes Management plc
13th Sep 20137:00 amRNSAppointment of Nominated Adviser and Broker
10th Sep 20137:00 amRNSHalf Yearly Report
1st Aug 20133:14 pmRNSResignation of Nominated Adviser
1st Jul 20137:30 amRNSSuspension - Verdes Management Plc

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